Category: big government

“United States would be almost as poor as Mexico today if growth was just one-percentage point less every year starting in 1895. That was just a hypothetical exercise. There are some very sobering real-world examples. For instance, Nima Sanandaji pointed …

…what happens when politicians get a windfall of revenue from a centralized source.(?) Well, according to new research from Italy’s central bank, bigger government means more corruption. https://danieljmitchell.wordpress.com/?s=Academic&submit=Search

“Governments should copy Switzerland and impose a spending cap. I explained this system in a column for the Wall Street Journal back in 2012.” …85% of its voters approved an initiative that effectively requires its central government spending to grow …

Originally posted on International Liberty: I very much suspect Obama partisans and Trump partisans won’t like this column, but the sad reality is that both Obamacare and Trump’s protectionism have a lot in common. In both cases, government is limiting…

Personal liberty requires economic liberty; when the latter is suppressed, the former can never manifest. Whether you’re more in the Orwell camp or the Huxley camp, the problem always begins with a healthy dose of collectivism or statism. Throughout the …

Moreover, I will point out that higher taxes most likely will simply trigger and enable additional spending. And I will warn that tax increases will undermine economic performance. Regarding that last point, three professors, led by Alberto Alesina at Harvard, …

Why would an industry support and bankroll an initiative to give more of their money to government?!? It turns out that the industry isn’t filled with masochists (like the neurotic trust fund leftistswho posture in favor of higher taxes). Instead, …